Xena Financial Planning LLC Invests $2.23 Million in Freedom 100 Emerging Markets ETF $FRDM

Xena Financial Planning LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 43,389 shares of the company’s stock, valued at approximately $2,225,000. Freedom 100 Emerging Markets ETF comprises about 2.6% of Xena Financial Planning LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of FRDM. UMB Bank n.a. lifted its holdings in Freedom 100 Emerging Markets ETF by 200.0% during the 3rd quarter. UMB Bank n.a. now owns 600 shares of the company’s stock worth $27,000 after buying an additional 400 shares in the last quarter. CoreCap Advisors LLC increased its stake in shares of Freedom 100 Emerging Markets ETF by 111.1% in the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after buying an additional 500 shares during the period. GoalVest Advisory LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter valued at $53,000. JPL Wealth Management LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter worth $96,000. Finally, Comerica Bank raised its position in shares of Freedom 100 Emerging Markets ETF by 13.9% during the third quarter. Comerica Bank now owns 2,734 shares of the company’s stock worth $121,000 after acquiring an additional 333 shares during the last quarter.

Freedom 100 Emerging Markets ETF Stock Up 4.5%

Shares of FRDM opened at $54.65 on Wednesday. The stock’s fifty day simple moving average is $58.01 and its 200-day simple moving average is $51.77. The firm has a market capitalization of $1.61 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12-month low of $30.68 and a 12-month high of $63.72.

Freedom 100 Emerging Markets ETF Company Profile

The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.